Bami Pawn Shop – Pioneer in solving liquidity problem for NFT
27/03/2023
Bami Pawn Shop – a platform that uses blockchain solutions to solve the liquidity problem of digital assets, especially NFTs.
Pioneering project to solve liquidity problem for NFT
Bami Pawn Shop is a platform developed by Bami Money Pte (headquartered in Singapore). This is a platform that allows users to buy, sell, borrow, and mortgage digital assets, most notably NFT. It can be said that Bami Pawn Shop is currently operating as a professional NFT exchange - a pioneer in solving the liquidity problem for NFT when there is currently no project on the market that provides these solutions.
Bami Pawn Shop implements a business model that includes NFT mortgage transactions, NFT liquidation, and lending interest. The business focuses on customers in the blockchain community who need to borrow by mortgaging the NFTs they own.
As a platform that mainly uses application solutions from blockchain technology, Bami Pawn Shop is expected to bring maximum benefits and efficiency in developing and solving the liquidity problem of NFT in the near future.
When blockchain was invented with the goal of revolutionizing the traditional information storage system, aiming to build a database with high consensus and ensuring that it cannot be changed or deleted, the appearance of NFT was like a breath of fresh air creating rapid growth in total transaction volume capitalization.
With message “The world simpliest NFT Pawn Shop”, Bami Money Pte has developed Bami Pawn Shop to be a dedicated platform for NFT and digital asset collateralization.
Attractive with many outstanding features
In addition to the goal of becoming a pioneering project to solve the liquidity problem for NFT, Bami Pawn Shop is also considered a project that brings practical benefits to the blockchain community in general and NFT in particular due to its outstanding and different features.
Currently, the project offers many features such as NFT-backed loans, clearing marketplace, Launchpad, Lending, and Membership. The protocols are aimed at adding value to the rapidly growing NFT market as well as providing optimal financial solutions to users.
Among them, there are many attractive features such as:
Bami Pawn Shop: core feature, the “backbone” of the entire ecosystem. This feature provides users with a solution to leverage NFTs as collateral to obtain the desired loan without losing ownership of the asset. NFT owners can choose loan terms corresponding to different interest rates. After timely payment, the borrower can receive back the collateralized NFT.
Clearance Market: NFT Liquidation Market – this is where Bami will liquidate expired NFTs at a price lower than the general market. With this feature, users can buy the desired NFTs at a very attractive price.
P2P Lending: is known as a feature that allows NFT owners to receive loans directly from other users on the platform. This is an advantage because it is much more accessible than borrowing from traditional financial institutions.
Additionally, peer-to-peer loans will often have lower interest rates due to competition between lenders.
Bami Membership: This feature allows users to use Bami Membership NFT to enjoy exclusive benefits such as lower NFT lending and mortgage interest rates, the right to participate in Launchpad projects on the platform as well as other attractive benefits that will be revealed soon. In particular, VIP members of the project will be able to participate in deciding the development direction of the project.
Not only that, the Bami Pawn Shop platform also brings other practical benefits such as generating income from the NFTs that users own. Combined with that is introducing potential projects, good profit rates as well as mortgaging and liquidating NFTs with high profits for users.
With its breakthrough potential and highly appreciated efficiency, the Bami Pawn Shop project is receiving the attention and support of many prestigious and powerful investment funds. Bami Pawn Shop is currently one of the blockchain projects that FUNDGO invests in and accompanies in development.
The advantage of applying blockchain technology as well as being a pioneer in solving the liquidity problem of NFT has made a huge difference for Bami Pawn Shop. In particular, with a team of experienced, highly specialized and creative staff and experts, the Bami Pawn Shop project promises to become a superior platform, an attractive solution for NFT mortgage in the cryptocurrency market and providing multiple financial solutions for users.
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